Building Details

Year Built 1964

Listing Agency: Tangletown Realty

Listed By: Angela P. Larson Show Phone

Source: Chrisfritchteam

Added: Aug 7 Changed: Oct 2 Last Checked: Oct 4 at 3:22PM

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Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Tangletown Realty

Investment Insights

Based on property information with market context.

This duplex contains 1,796 square feet with two separate residences, each arranged for single-level living with 2 bedrooms and 1 bathroom. Both units include a full private basement with laundry and additional storage or flex space, while one lower level includes a finished bedroom with egress. Several updates have been completed within the units.

The property occupies a large lot with a spacious backyard and direct adjacency to walking trails. Located at 5721 Quincy St in Mounds View, Minnesota, the configuration offers distinct upper-level living areas along with substantial basement space for household use or future finishing, subject to applicable requirements.

Key Highlights

• Duplex totaling 1,796 square feet
• Each unit offers 2 bedrooms and 1 bathroom on one level
• Full private basement with laundry included for each unit

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$26,241

Cap Rate

5.97%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$524,820 $524.8K

Cap Rate 7%

$374,871 $374.9K

Cap Rate 9%

$291,567 $291.6K

Market Conditions

NOI Build-Up for 1,796 SF

Gross rent

$39.9K $22.20/SF

− Vacancy

−$2.4K −$1.33/SF

EGI

$37.5K $20.87/SF

− OpEx

−$11.2K −$6.26/SF

NOI

$26.2K $14.61/SF

Area

Ramsey County, MN

Vacancy

5.98%

Lease Rate

$22.20 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$524,820

Cap Rate 7%

$374,871

Cap Rate 9%

$291,567

Alternative Uses

Best Use

Multifamily LT 5

$374.9K

$328.0K – $437.4K (±1% cap)

NOI $26,241 @ 7.0% cap · market cap 5.97%

Second Best

Apartment 5plus

$344.3K

$301.3K – $401.7K (±1% cap)

NOI $24,102 @ 7.0% cap · market cap 5.48%

Theoretical Best

Office A

$428.5K

$374.9K – $499.9K (±1% cap)

NOI $29,994 @ 7.0% cap · market cap 6.82%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Dental Office Real Estate Agency Parking Lot & Garage Hair Salon Law Firm Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

170

Businesses Nearby

Explore this area Business Placement

Demographics for 55112, MN

46,728

Population

17,956

Households

2.6

Avg Household Size

38

Median Age

48%

College-Educated

95%

High-School Grad

17.5 sq mi

ZIP Area

2,670

Density / Sq Mi

$93,823

Median Household Income

$47,676

Median Earnings

$1,322

Median Rent

$338,800

Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

Questions? Ask Rey

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What type of property is this? Where is this duplexes located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Duplex - Two single-level units include private lower-level areas, laundry, and access to a large backyard bordering walking trails.

Where is this duplex located?

The property is located at 5721 Quincy St Mounds View, MN.

What is the asking price?

The asking price for this property is $439,900.

What are key features of this property?

This property features: Duplex totaling 1,796 square feet; Each unit offers 2 bedrooms and 1 bathroom on one level; Full private basement with laundry included for each unit